Sunshine Coast BC Business News and Information

Two factors mitigate against a downturn in Canadian housing prices: the continued weakness in the global economy; and the seemingly insatiable demand from overseas for the relative safety of the Canadian economy and Canadian real estate.

"...we have a tremendous number of startups, but the number of established businesses is not that much out of line with other places, so there’s a huge churn. We still have great difficulties assisting small companies to grow to be big companies.”

Over and over again, in years such as 1929, 1987 and 2008, markets crash in the autumn. Lily Fang, an MIT professor, investigated the "September Effect" and several other curious behaviours of financial markets.

Gibsons Mayor Rowe and CAO Emanuel Machado are quoted in this Vancouver Sun article, which says that the number of seniors in B.C. is growing at four times the rate of working people. Gibsons is predicted to be the second oldest BC area by 2030.